Loss Prevention

Mitigating Frictionless Checkout Risk With Prescriptive Analytics
March 11, 2020 at 6:00 am

Frictionless checkout is rapidly becoming the future of retail, especially with Amazon.com's push to expand its checkout-free “Amazon Go” stores, which leverage digital imaging to redefine the checkout experience. We can expect to see increasingly fewer cashiers, registers and lines as more retailers turn to frictionless checkout to improve efficiency, convenience and satisfaction. While retailers…

How Retailers Can Ensure Their Stores Are Safe and Secure
July 1, 2019 at 11:10 am

Retailers face a number of threats, some specific to their brand and merchandise, others based on their geographic location. Keeping employees and customers safe requires a two-pronged approach: establishing the right culture and providing a safe and secure physical environment. For employees, this means investing in security awareness training for staff, which is simply a…

Calling All Retailers: Understanding Cyber Threats and How to Combat Them
March 28, 2019 at 10:56 am

Now more than ever, cybersecurity is a crucial form of protection for businesses across industries working to combat a variety of threats. It's easy for organizations and individuals to grow complacent about security, but implementing measures to protect the data of customers, partners and your own business is a key step in mitigating cyber risks,…

When Will They Strike? Understanding Fraud in Online Shopping
March 7, 2019 at 12:26 pm

Retail transactions during peak shopping periods, especially online and mobile sales, continue to increase each year — with the 2018 holiday shopping season serving as a prime example. The season saw record sales, with Black Friday far exceeding expectations and Cyber Monday becoming the largest online shopping day in U.S. history. E-commerce and m-commerce retailers…

The True Cost of Time Theft
January 17, 2019 at 2:51 pm

The opportunity to end wasteful time theft — and create improved conditions (and fewer losses) for everyone — is at hand.

FaceFirst Retail Recidivism Report 2018
September 17, 2018 at 4:05 pm

An analysis of biometric data from FaceFirst, a facial recognition provider, revealed that repeat shoplifters are more organized and aggressive than previously known, striking the same retailer multiple times across several locations.

Addressing Loss Prevention Across the Retail Ecosystem
June 21, 2018 at 9:51 am

Every year, billions of dollars and countless hours are spent by retailers, brand owners, and packaging professionals ensuring that customers have a positive experience with their brand. What happens to the customer experience when they can’t find the product they want due to theft? Nothing good. Theft is far more than a retailer issue —…

Wal-Mart Sued Over Policy of Locking Up Specific Beauty Products
February 1, 2018 at 12:44 pm

A woman in California has filed a lawsuit against Wal-Mart over claims the company keeps products primarily used by African-Americans inside a locked glass case. Essie Grundy told reporters in Los Angeles on Friday that she felt humiliated and discriminated against when on three occasions this month she had to ask a store employee at…